Intrinsic value

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Not a good time to invest, stock is in overbought zone

Entry point

Red Flags Found

Some cases understood to be under consideration for transfer to the NARCL list are already undergoing insolvency proceedings such as Amtek Auto, Castex Technologies, JP Infra, Videocon Oil Ventures and Lavasa Corporation.

Banks look to resolve large assets even as NARCL gets set up

Castex Technologies reports consolidated net loss of Rs 111.70 crore in the June 2021 quarter

Castex Technologies reports consolidated net loss of Rs 105.33 crore in the September 2020 quarter

The Financial News section features stock market news in addition to stories about bonds, forex, commodities and economic releases.

BRIEF-India’s Castex Technologies Sept-Qtr Consol Loss 1.14 Bln Rupees - Investing.com India

Castex Technologies reports standalone net loss of Rs 131.62 crore in the June 2020 quarter

Castex Technologies reports consolidated net loss of Rs 131.06 crore in the March 2020 quarter

Castex Technologies reports standalone net loss of Rs 128.14 crore in the March 2020 quarter

Three of Amtek group companies, including Castex Technologies, Amtek Ring Gears and Metalyst Forgings are each undergoing separate insolvency resolution process

Two years later, Amtek Auto readies for its second resolution process

Metalyst Forgings Ltd was the promoter of Castex Technologies Ltd at the the time of violation.

Sebi imposes Rs 15 lakh fine on Castex, Metalyst for disclosure lapses

As per the order, Amtek Auto is the promoter of Castex Technologies Ltd (CTL).

Sebi slaps Rs 24 lakh on Amtek Auto for disclosure lapses

Amtek's subsidiary Castex Technologies and Metalyst Forgings were also locked at 5 percent upper circuit each at Rs 4.31 and Rs 28.20 on the BSE, respectively.

Amtek Auto jumps 5% after Committee of Creditors approves resolution plan of Liberty House

Castex Technologies Limited, formerly Amtek India Limited, is a iron casting company. The Company's principal activity is motor vehicle parts and accessory manufacturing service.

Castex Technologies Ltd

Castex Technologies Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Banks look to resolve large assets even as NARCL gets set up

Castex Technologies reports consolidated net loss of Rs 111.70 crore in the June 2021 quarter

Castex Technologies reports consolidated net loss of Rs 105.33 crore in the September 2020 quarter

BRIEF-India’s Castex Technologies Sept-Qtr Consol Loss 1.14 Bln Rupees - Investing.com India

Castex Technologies reports standalone net loss of Rs 131.62 crore in the June 2020 quarter

Castex Technologies reports consolidated net loss of Rs 131.06 crore in the March 2020 quarter

Castex Technologies reports standalone net loss of Rs 128.14 crore in the March 2020 quarter

Castex Technologies Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Banks look to resolve large assets even as NARCL gets set up

Castex Technologies reports consolidated net loss of Rs 111.70 crore in the June 2021 quarter

Castex Technologies reports consolidated net loss of Rs 105.33 crore in the September 2020 quarter

BRIEF-India’s Castex Technologies Sept-Qtr Consol Loss 1.14 Bln Rupees - Investing.com India

Castex Technologies reports standalone net loss of Rs 131.62 crore in the June 2020 quarter

Castex Technologies reports consolidated net loss of Rs 131.06 crore in the March 2020 quarter

Castex Technologies reports standalone net loss of Rs 128.14 crore in the March 2020 quarter

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock